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Lil Kim Filed for Bankruptcy

One of the queens of hip hop, Lil Kim has filed for bankruptcy according to TMZ.

Kim allegedly own $2 million for a loan on a New Jersey home, and $1.8 million in unpaid taxes. Along with a legal bill of $186,000.

Between now and July, when her court date is scheduled, she has often to pay $5,500 a month to a creditor. Hopefully her upcoming album will help generate some money. Kim says she is $4 million in debt.